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OpenAI and Anthropic cut API prices, cutting overall token costs to 43.3% of April levels

10/26/2026 — 10/26, 19:17·3 sources (all)·3 reports (all)

Key takeaways

  • A DEV Community piece reports that OpenAI and Anthropic have repeatedly cut API prices since late June, with reductions of up to 80% on some…

Latest turnAccording to Max Woolf's blog analysis, OpenAI and Anthropic implemented aggressive price cuts between June and October, driven by low user switching costs and fierce competition from open-weight models.

24-hour heatHeat index 249 · peak 259 · 1h ago
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Today
  1. According to Max Woolf's blog analysis, OpenAI and Anthropic implemented aggressive price cuts between June and October, driven by low user switching costs and fierce competition from open-weight models.

    TechmemeAI score 64
  2. OpenAI and Anthropic have repeatedly cut API prices since late June, with some models down as much as 80%, according to a DEV Community post. Citing a timeline by Max Woolf that hit the Hacker News front page and Vercel AI gateway data, it says aggregate token cost is now 43.3% of April levels, and argues teams should revisit their pricing assumptions and provider choices.

    DEV Community · AIAI score 54
  3. A new analysis argues that OpenAI and Anthropic have cut LLM prices by as much as 80% over the past few months, and digs into what is driving the drop. The piece drew 118 points and 138 comments on Hacker News, a useful signal for anyone rethinking model choice and inference budgets.

    Hacker News · 热榜AI score 62

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